Lake Park MN Real Estate & Commercial for Sale

(CIC) Storage Community in a rural setting close to Lake Ida by Cormorant, MN. This development is tucked away on a private, dead end road with minimal traffic. Shed's are stick built with 2" by 6" walls. Factory engineered truss rafters, 4' oc, 42/4/6 loading, 4/12 pitch. Colored G-100 tensile strength steel. Insulated, Overhead door size 16'x12' with opener. Steel wainscot around building, building wrap around interior. Tyvek on roof. 24" soffit system around building, 2' eave and 2' gable overhang. Seemless gutters with one downspouts. 4" concrete slab, 4,000 psi reinforced. Continuous ridge vent with built in filter on peak for ventilation. Bracing to maximize wind loading design. One 3' insulated, steel, walk-in door, five stationary windows (3'x4'). This unit does not have electricity. Electricity can be added for an additional cost. Power has to be ran by the power company. The exterior light will be installed to match other units. Up to 67 units to be built.

What a great investment opportunity in the City of Lake Park! Welcome to Park Terrance Apartments, a 12-plex building located between Detroit Lakes, MN and Fargo, ND. Featuring 11-2bed/1bath units, 1-1bed/1 bath unit, 6 garage stalls and parking lot, shared/coin-op laundry in the lower level, common interior hallways, and more. Each 2nd and 3rd floor unit has a balcony, and two of the lower-level units have a walk-out patio. Over half of the units have been updated (2 current vacancies under construction). The roof was replaced about 10 years ago. New common water heater (5 years old). Laundry updates underway. Plenty of Upside with current market rates, garage stall income, and coin-op laundry. Book your showing today! 48 hr notice required.

Seller offering $10,000 credit towards buyer's closing costs or appliances. What a great investment opportunity in the City of Lake Park! Welcome to Park Terrance Apartments, a 12-plex building located between Detroit Lakes, MN and Fargo, ND. Featuring 11-2bed/1bath units, 1-1bed/1 bath unit, 6 garage stalls and parking lot, shared/coin-op laundry in the lower level, common interior hallways, and more. Each 2nd and 3rd floor unit has a balcony, and two of the lower-level units have a walk-out patio. Over half of the units have been updated (2 current vacancies under construction). The roof was replaced about 10 years ago. New common water heater (5 years old). Laundry updates underway. Plenty of Upside with current market rates, garage stall income, and coin-op laundry. Book your showing today! 48 hr notice required.